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Fixed Price Natural Gas Supply Option

In May of 2016, Monkey Island LNG signed a natural gas supply commitment agreement for a 20-year fixed-price natural gas supply with a prominent U.S. upstream gas supplier. This upstream provider has been developing these resources for over 12 years and has been producing natural gas from its wells since 2007. This agreement provides Monkey Island LNG with a long-term strategic and competitive advantage.

 

Monkey Island LNG is poised to be one of the only LNG companies in the world with the ability to offer customers a true 20-year fixed price on their LNG. This unique commercial structure is attracting global buyers who seek a predictable and stable LNG price structure over the next two decades. It has also drawn significant attention from the LNG community who recognizes the value in offering buyers this innovative and disruptive pricing structure in addition to Henry Hub index-based LNG.

“Together with our upstream supplier, we have essentially created a 27-year hedge on natural gas for our customers, and the LNG offtake community is responding positively."

Greg Michaels – Chairman and CEO

CLEAN ENERGY. GLOBAL IMPACT.

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MONKEY ISLAND LNG - POWERED BY SCT&E LNG

© 2023 ALL RIGHTS RESERVED

 

 

 

MONKEY ISLAND LNG - POWERED BY SCT&E LNG

© 2023 ALL RIGHTS RESERVED

 

This website contains forward-looking statements. Such forward-looking statements are subject to certain risks, uncertainties, and assumptions that include expected earnings, future growth, and financial performance, and typically can be identified by the use of words such as “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe,” “optimistic,” “intend,” “will,” and similar terms. Although SCT&E LNG (dba Monkey Island LNG) believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially from those anticipated in these forward-looking statements. A variety of factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the oil, gas, and LNG industries, weather conditions, competition and developments in oil, gas, and LNG markets beyond the Company’s control, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the oil, gas, and LNG markets, changes in government regulations of markets and of environmental emissions, the condition of capital markets generally, securitization of sufficient capital or a strategic business arrangement to fund its plan of operation, the Company’s ability to access capital markets, management resources, and infrastructure necessary to support the growth of its business, unanticipated facilities outages, adverse results in current and future litigation, failure to identify or successfully implement acquisitions (including receipt of third party consents and regulatory approvals), failure to acquire or transact on offtake agreements, and other risk factors related to the liquefied natural gas and related and connected business. All forward-looking statements attributable to SCT&E LNG or persons acting on its behalf are expressly qualified in their entirety by these factors. SCT&E LNG undertakes no obligation to update or revise any forward-looking statements, other than as required under applicable securities laws, whether as a result of new information, future events, or otherwise. The foregoing factors could cause SCT&E LNG’s actual results to differ materially from those contemplated in the forward-looking statements included in this website and should be considered in connection with information regarding risks and uncertainties that may affect SCT&E LNG’s future results.

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